What will be the accounting groups

This query is : Open

Querist : Anonymous

Querist : Anonymous (Querist)

05 January 2018 what will be the accounting groups of
CGST Receivable ( Input)
SGST Receivable ( input)
IGST Receivable ( input )
whether it can be shown under Loans and advances ( Current assets )
is correct way to show.

Expert : Anonymous

Expert : Anonymous (Expert)

06 January 2018 You can show the Tax heads under Duties and taxes... *In case it's receivable then you can account in "Revenue Authorities" / Short Term Receivable under loans and advances (Current Asset)

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